KEY FACTS & FIGURES 227 12 Finance Lease 210 Operating Lease FLEET 1 196 COMMITTED AIRCRAFT At a Glance 117 Employees 2 68 lessees 4 37 jurisdictions 4.7 Weighted Avg. Aircraſt Age in Years by NBV 3 6.8 Weighted Avg. Fleet Lease Term Remaining by NBV 3 » CDB Aviaon is a leading global aircraſt operang lessor, with a porolio of 420 aircraſt, as of December 31, 2019 » In January 2020, CDB Aviaon named Patrick Hannigan as new CEO with the goal of furthering growth momentum » Engaged in the acquision, leasing, financing, management, trading, and disposal of commercial aircraſt » CDB Aviaon has strong investment grade issuer credit rangs from the major global credit rang agencies: » Moody’s (A1) - local currency and foreign currency issuer rangs with outlook stable; » S&P Global (A) - long-term issuer credit rang with outlook stable; and » Fitch (A+) - long-term Issuer Default Rang with outlook stable. China Development Bank is the world’s largest development finance instuon, and the largest Chinese bank for financing cooperaon, long-term lending, and bond issuance. 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2 737-800 First joint Lease 1 MD-11F First cargo project 15 aircraſt First porolio acquision Airfinance Aircraſt Trade of the Year Award 2 A320 First overseas SLB 20 E190 First order from Chinese Leasing Company; China’s First operang lease by using Free Trade Zone structure 32 aircraſt Airfinance Asia Pacific Deal of the Year Award $1.5 billion inial bond issuance in HK 150 aircraſt Fleet exceeds Orders placed for new aircraſt with Boeing and Airbus Sustained porolio growth CDB Leasing IPO in Hong Kong Stock exchange CDB Aviaon Lease Finance DAC registered Peter Chang appointed President & CEO Internaonalisaon iniaves Execuve team bolstered Expanded Dublin and Hong Kong offices & opened a U.S. office CDBAVIATION.AERO Updated as of June 30, 2019 1 Fleet includes 222 owned and 5 managed aircraſt About Us About Us » Offices in Dublin, Hong Kong, and Fort Lauderdale » CDB Aviaon is wholly owned by China Development Bank Financial Leasing Co. Ltd. (“CDB Leasing”), a 35-year-old Chinese leasing company (HKEX: 1606), majority owned by China Development Bank » CDB Aviaon’s 2019 performance highlights: » Signed lease transacons for 54 aircraſt with 19 customers; » Signed agreements to sell 22 aircraſt and to acquire 17 aircraſt via porolio acquisions; » Acquired 40 aircraſt on operang lease, represenng 19.7% growth by number of aircraſt in the fleet at the start of 2019; » Signed financing transacons for US$2.49 billion; » Ended the year with 117 total employees, adding 34 new staff members in 2019; and » Added 22 new airline customers. Key Milestones 5 aircraſt Establish close relaonship with CSA 3 Owned Fleet on Operang Lease 4 Owned and Managed Fleet, as of December 31, 2019 2018 2019 New orders placed Order book with Airbus and Boeing boosted to ~200 new aircraſt Record acvity in 2018 New Dublin headquarters Airfinance Chinese Lessor of the Year Nick Hazeldine named COO Investment Grade rated by Moody’s, S&P Global, and Fitch Patrick Hannigan appointed President 2020 New CEO appointed Patrick Hannigan takes the helm as new CEO to drive connued growth momentum 2 As of December 31, 2019